Ticino Wealth Invests $3.76 Million in iShares Core S&P Mid-Cap ETF $IJH

Ticino Wealth purchased a new stake in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 56,994 shares of the company’s stock, valued at approximately $3,762,000. iShares Core S&P Mid-Cap ETF accounts for 1.4% of Ticino Wealth’s investment portfolio, making the stock its 19th largest position.

Several other institutional investors also recently bought and sold shares of the company. Networth Advisors LLC bought a new stake in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at about $28,000. Davis Capital Management purchased a new stake in iShares Core S&P Mid-Cap ETF during the 3rd quarter worth approximately $30,000. New Millennium Group LLC raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 72.1% in the third quarter. New Millennium Group LLC now owns 537 shares of the company’s stock worth $35,000 after buying an additional 225 shares during the last quarter. Maryland Capital Advisors Inc. lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 240.7% during the fourth quarter. Maryland Capital Advisors Inc. now owns 552 shares of the company’s stock worth $36,000 after buying an additional 390 shares during the period. Finally, Bank & Trust Co purchased a new stake in shares of iShares Core S&P Mid-Cap ETF during the fourth quarter valued at $41,000. 14.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P Mid-Cap ETF Trading Up 0.2%

IJH opened at $73.50 on Tuesday. The firm has a 50 day moving average of $69.65 and a two-hundred day moving average of $67.74. The firm has a market capitalization of $116.31 billion, a PE ratio of 19.00 and a beta of 1.04. iShares Core S&P Mid-Cap ETF has a 12-month low of $54.15 and a 12-month high of $73.50.

iShares Core S&P Mid-Cap ETF Profile

Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 (the Underlying Index). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.